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Search Results 0 to 21 of about 22 (some duplicates have been removed)
today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
it in perspective. the euro/u.s. dollar didn't move that much whatsoever. from that point of view, i don't think that we just have to look at today or the last two days of development in euro/u.s. dollar. of course, global trade is really important for the german economy. it continues to be very important. even from a private consumption point of view, we did have quite a bit of support as of late. also because of the wages. and looking at the world bank report, also looking at the asian economies in 2013, 2014, them seeing a little better picture is very good for the german economy and not to speak about the turnaround in the u.s. which seems to be stabilizing, looking this also at the housing market. so business sentiment better than expected. it is rising. the current conditions a little weaker than expected. add to that the financial analyst numbers we had as of late, also better than expected. not too bad. >> patricia, we'll see you again next hour. thank you very much for following all the latest there. >> sure. >>> now, shares in ubs have edged up in early trade after the bank announced a
. these are your headlines from around the world. >> with just one week to go before the u.s. economy goes over the fiscal cliff, lawmakers are pointing fingers and playing the blame game. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and th
to u.s. exporters may be showing signs of stabilizing, maybe get to growth. so that might mean moderation in the eurozone might ease in the first quarter. but again, this is all dependent on what happens with that ongoing debt crisis and any step back in resolving that would obviously have a knock-on effect to the economy. >> i'm wondering whether germany as we look at -- they're just above sort of recession territory at the moment. i'm wondering whether if they get better growth out of asia, that will offset the weakness that they're seeing in europe enough to keep them above the pencil line. >> what we've seen so far with today's numbers is exports are declining very sharp. they'll need asia and the u.s. to offset some of that demand weakness, but again, the biggest market for most is the euro zone. if the eurozone is performing badly, that will have a thok-on effect for those countries. >> there's a number of strategists saying after the u.s. has sort of led equities for most of the year, they're now saying europe is the place to be. from i think really the question you have
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
that divides russian society. but make no mistake, it is a power play. it's a response to that u.s. act, as you mentioned, a law signed by obama a couple of weeks ago intended to penalize, sanction russian officials connected with this particular custody case and this tax evasion case in russia. >> so matthew, this law would go into effect january 1st. is there any chance that those cases that are pending where the paperwork is finalized and where people are expecting their children, essentially, in a month or two would be allowed to go through? >> well, there is a question mark hanging over those. there are 52 children, according to the kremlin, that are in the middle of this adoption process with u.s. parents. the law, as you say, starts on january the 1st, but it's only a couple of days until then. so unless that can be finalized, my expectation is that that will be put on hold and indeed that's what russian officials are saying, that they don't think this law has been enacted from january the 1st, these children should be allowed to go to the united states. instead there's been a call for r
losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that at least one major stock clearing house was raising margin requirements. and then there's the fiscal cliff. analysts citing fears about a hike in capital gains tax
u.s.-allied countries also called for swift international action to end the bloodshed in syria.in in central asia, a military plane crashed early this morning in kazakhstan, killing 27in people, including the country's head of border security.ll the russian-made aircraft went down near the southern city of shymkent. the dead also included seven crew members and 19 border guards. there was no immediate word on the cause of the crash, but kazakhstan has been plagued by heavy winds and snow in recent weeks. the long-time actor charles durning died monday at his home in new york. he came to be known as the "king of the character actors" in a 50-year career that spanned 5 broadway, the movies and television. along the way, he earned two oscar nominations. one was for his role as the corrupt governor in "the best little whorehouse in texas" in 1982. i and in "tootsie," he played the9 unwitting suitor of dustin hoffman, who was posing as a female soap opera star. charles durning was 89 years old. those are some of the day's major stories. a now, back to gwen. >> ifill: we turn to poli
it is manufacturing, but is there really a demand question about apple's products that is a real one? >> not in the u.s., but there could be some questions about china, remember that report from steve milanovich? he said apple needs to come up within some real innovations, you need to have some clarity on the pipeline, and you need geographic -- clearance to go into china? yes, it got it with two of the smaller carriers. china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best products in the world and it's inexpensive. >> that's a lot of people looking at the chart. >> look again, the people who own apple, they were the ones who owned it because it was going up. it reminds me very
. they weren't always investing in american workers. they certainly weren't willing to make them in the u.s. auto industry. remember, it was just a few years ago that our auto industry was on the verge of collapse. gm, chrysler were all on the brink of failure. and if they failed, the suppliers and distributors that get their business from those companies, they would have died off, too. even ford could have gone down -- production halted. factories shuttered. once proud companies chopped up and sold off for scraps. and all of you -- the men and women who built these companies with your own hands -- would have been hung out to dry. and everybody in this community that depends on you -- restaurant owners, storekeepers, bartenders -- their livelihoods would have been at stake, too. so i wasn't about to let that happen. i placed my bet on american workers. we bet on american ingenuity. i'd make that same bet any day of the week. [applause] three and a half years later, that bet is paying off. this industry has added over a quarter of a million new jobs. assembly lines are humming again. the ame
, it is not a philanthropic act on the pentagon's part to instruct boeing to build. -- to build in the deficit areas of the u.s. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing -- unless those who do not have dollars are given dollars to spend purchasing, the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. very low unemployment. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. -- if you do not have it? enter a young turk in 1971. actually, he was the american, but you know what i mean. well, paul volcker -- that name may ring a bell. in 1971, paul
americans are against arming the rebels or any u.s. involvement in the fighting there. >>> we're going to take a break. the southeast is bracing for severe weather. how your travel and christmas could be impacted. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no de
of the gulf cooperation council's annual summit. the statement gave no details. the six u.s. allied countries, also called for swift international action to end the bloodshed in syria. in central asia, a military plane crashed early this morning in kazakhstan killing 27 people including the country's head of border security. the russian-made aircraft went down near a southern city. the dead also included seven crew members and 19 border guards. there was no immediate word on the cause of the crash but kazakhstan has been plagued by heavy winds and snow in recent weeks. the long-time actor charles durning died monday at his home in new york. he came to be known as the king of character actors. in a 50-year career that spanned broadway, the movies and television. along the way he earned two oscar nominations. one was for his role as the corrupt governor in the best little whorehouse in texas in 1992. in tootsies he played the suitor of dustin hoffman who was posing as a female soap opera star. now back to gwen. >> ifill: we turn to politics and part 2 of our lookality upcoming elections. last n
maker based in the u.s. the company received $133 million in federal stimulus grngrnt grants before going under. republicans called the case a textbook example of wasted stimulus money. >>> "usa today," controversy surrounding the korean pop sensation psy. he performed last night at the christmas in washington concert with the president and his family in attendance. he has that dance, you know? >> you know, everybody, like, sends me videos of them doing this. i have no idea what it is. >> "gangnam style." >> is that how you say it? >> yeah. >> oh, you know what? i prefer to be out of it on this one. >> so this was just days after video surfaced of him using inflammatory anti-american language and leading anti-u.s. protests at a concert in 2004 amid the heat of the iraq war. the song, which is a cover called for killing, quote, yankees. on friday psy issued an apology saying he understands american servicemen's sacrifices and regrets using the inflammatory language. >> it was really harsh language that he used, but you know what? a lot of people said a lot of stupid things again. i w
. -- and 2008. the u.s. utilizing its trade deficit with the rest of the world has been operating like a huge vacuum cleaner. sucking into the united states the net exports of europe, japan, and lately china. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. so, the ever expanding trade deficit was not an accident. it was a very clever way of replacing one that surplus recycling system with another. the first one, it was one where america had a surplus and america decided instead of doing what germany is doing at the moment -- which is cutting its nose to spite its face, and thereby ending the -- entering recession by cutting, cutting, cutting -- volcker as the head of the fed at a different idea. we are going to expand our dominance and are well by -- and our wealth by expanding our deficit and using our deficits to provide the rest of the world with the demand which is necessary to grow their economies, even at the expense of hours. -- ours. and who is going to pay for the deficit? if i have an ever-expanding deficit, the bank tells me it is came o
and rights of the house. signed, sincerely, david russell, district liaison, u.s. representative david price. the speaker pro tempore: without objection, the house stands adjourned until 2:00 >> we are going back to the conference on women in leadership with andrea mitchell and nancy-ann deparle. >> she gave me the notion i could do anything i wanted to do. >> how did she do that? >> she had very high expectations and let me know she expected me to do well in school. when i would talk to her about wanting to work in the white house for being interested in politics or being a lawyer, she said you have to study hard and make good grades. you need to get a scholarship because i will not be able to afford it. she never said -- the sky was the limit. that really was her view. it made me think i could do anything. i did go to law school. in the early 1980's when i got out of law school, i went back to tennessee to practice. i was going around to law firms. there were not that many women in the law firms. i had guys interview me. they would sit me down and say, do you understand you have to try cas
leader harry reid in the "new york times, returning to the u.s. capitol. his shadow. what's the relationship between harry reid and mitch mcconnell? guest: it's hard to tell. the rhetoric on the senate floor can be pretty tough. they call each other my dear friend whenever you want them on the c-span channels, but i think they both are in a frustrating position. senator harry reid does not have more than 60 members, so we cannot block a filibuster but senator mcconnell is adept at applying in cases where he'd want to block legislation. but i think they both have respect for each other's legislative skills and they have proven in the past that when they need to cut a deal, but can cut a deal and bring their party's members with them. host: john mccain writes a big budget deal is still worth doing. he points out to the history of some of these agreements, most notably with ronald reagan in the 1980's and president bush in 1991 in which republicans agreed to spending cuts that never happened while raising taxes. guest: that's right. there's a little confusion about how much s
hill about the terror attack on the u.s. consulate in benghazi, libya. that got delayed because of her concussion illness, first told food poisoning and concussion and now the associated press reporting secretary of state hillary clinton has been admitted to the hospital with a blood clot following her recent illness. as we learn more details and firm this up for ourselves here at fox news, via our journalists, we will bring you the update. a lot of happening on this hour of fox report. we'll move on now with what is planned. the final weekend of the nfl season and it did not disappoint. peter slegr of fox sports.com is here. and adrian peterson had a huge night, this is a typical rivalry. a state thing, green bay and minnesota. >> and a playoff on the lines for the vikings, they win on a last second field goal by the rookie walsh. and they'll play in the wild card round, the game of the year in the nfl and anybody watching could attest to that, a fantastically played football team and winner of the cowboys and redskins will play seahawks. and afc, texans playing the bengals and ravens
Search Results 0 to 21 of about 22 (some duplicates have been removed)